Which of the Following Is a Credit in the U

question 141

Multiple Choice

Which of the following is a credit in the U.S. current account?

• A)​A U.S.consumer buys a TV made in Malaysia.
• B)​Singapore Airlines buys a jumbo jet made in the United States.
• C)​British investors purchase U.S.government bonds.
• D)​An American citizen flies to Lithuania on the Lithuanian Airlines.

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Definitions:

Nash Model

A concept in game theory where each participant's strategy is optimal given the strategies of all other participants, leading to a situation of equilibrium.

Nash Equilibrium

A concept within game theory where no player can benefit by changing strategies while the other players keep theirs unchanged.

Bertrand Model

An economic model of competition among firms that compete by setting prices simultaneously.

Payoff Matrix

A table that shows the payoffs for each player in a game for every possible combination of actions by the players.